Friday, August 3, 2018

Latest News Headlines Fri Aug 3 18:42:16 IST 2018

  1. grant of financial up-gradation under MACPS to Senior Grade of IIS Group 'B'officers
  2. A total of 5427 Missing Children, tracked and recovered through Khoya-Paya citizen corner of Track child since inception: DR. VIRENDRA KUMAR
  3. 195 One Stop Centres are functional in the country to support women-affected by violence
  4. The WCD Ministry has requested Ministry of Finance for amendment to section 64 of the Income Tax Act,1961: WCD Minister
  5. Engineering Services (MAIN) Examination, 2018
  6. Environment & Skill Development Ministries Sign MoU to train one lakh RAC Service Technicians
  7. Govt launches Swachh Bharat Summer Internship for the students to promote Swachhta related activities
  8. Government increases funding for improving quality of Higher Education
  9. Corporate Social Responsibility is good for Business: Suresh Prabhu
  10. Government strictly complies with the rules of CEI Act, 2006 which provides reservation for SC, ST & OBC students
  11. 150 Universities have been included in UGC list during the last three years
  12. Badminton World Championships: PV Sindhu, Saina Nehwal enter quarterfinals
  13. Govt approves e-auction of 683 private FM radio channels covering 236 cities
  14. Assam TMC chief resigns over Mamata Banerjee’s opposition to NRC
  15. Constitution (123rd amendment) Bill passed in Lok Sabha
  16. Govt wants to pass amendment bill to restore original provisions of SC/ST Act: Rajnath
  17. Assam: Nearly 60 thousand people reel under the fury of floods in 5 districts
  18. BJP issues three-line whip to its Lok Sabha MPs asking them to be present in House
  19. SC takes cognizance of alleged sexual abuse of minor girls at shelter home in Bihar's Muzaffarpur district
  20. US Congress passes bill to slash Pak's defence aid to USD 150 million
  21. There is a need to expand footwear industry to make India a manufacturing hub: Suresh Prabhu
  22. NRC issue disrupts Upper House
  23. Govt pledges to pass new SC/ST prevention of atrocities amendment Bill in Monsoon session
  24. Saina Nehwal enters QFs of World Championships in China
  25. EAM Sushma Swaraj on 3-nation tour to Kazakhstan, Kyrgyzstan & Uzbekistan
  26. Rajya Sabha adjourned over Assam's NRC
  27. Lok Sabha passes OBC Commission Bill
  28. Two terrorists killed in encounter in J&K
  29. PHDCCI and CNI sign MoU to set up Indo-Nepal Centre
  30. Don't publicize photos/ videos of minor rape victims: SC
  31. Faster, coloured 3D printing method developed: Study
  32. The Ambassador of Italy to India, Mr. Lorenzo Angeloni calling on the Minister of State, Col. Rajyavardhan Singh Rathore
  33. The Minister of State, Col. Rajyavardhan Singh Rathore addressing at the Opening Ceremony of ASEAN India Film Festival 2018
  34. The Minister of State, Col. Rajyavardhan Singh Rathore addressing at the opening ceremony of the European Union Film Festival 2018
  35. Recruitment Results finalized by UPSC in June, 2018
  36. PM reviews performance of key infrastructure sectors of Transport and Housing
  37. Ballistic Missile Interceptor AAD Successfully Flight Tested
  38. Share and Care is the Core of Indian Philosophy: Vice President
  39. Participants of the 120th Induction Training Programme at LBSNAA call on the President
  40. Postal department to conduct letter-writing contest ‘Dhai Akhar’ on the theme “Letter to My Motherland”
  41. 2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2-16-17
  42. President of India to Visit Telangana, Tamil Nadu and Kerala from August 4 TO 7, 2018
  43. Introduction of New Trains and Construction of Railway Track
  44. Expansion of Railway Network
  45. Enhancing digital transaction in Railways
  46. Confirmation Prediction Tool for Wait-Listed Rail Tickets
  47. NITI Aayog working on strategy document to define 2023 objectives - Economic Times
  48. Niti Aayog to partner with Meghalaya for work out blueprint of state's development - The Shillong Times
  49. Mamma Mia! Here We Go Again': Not just for ABBA fans (Review)
  50. NDFB militant killed in Meghalaya
  51. US Army Lt. Gen. calls on Eastern Command GOC-in-C
  52. Marks-for-money scam in affiliated colleges only: Anna varsity V-C
  53. CAG slams Goa corporation for giving gold coins to employees
  54. ICICI Bank eyes smaller towns to double retail biz to Rs 17 bn in Odisha
  55. Mukul Roy's Y-plus security to remain: HC
  56. The Calcutta High Court today directed that the 'Y-plus' security given to BJP leader Mukul Roy by the Centre would remain, as it dismissed a PIL seeking withdrawal of the security cover given to the leader.
  57. BSE group Q1 net inches up 4% at Rs 51.5 cr
  58. The oldest Asian bourse, BSE, today reported a marginal 4 per cent rise in consolidated net profit at Rs 51.50 crore for the quarter to June, while its revenue rose a tad lower at 3 per cent to Rs 166.41 crore.
  59. Parl panel recommends periodic revision of train fares
  60. A parliamentary panel has recommended that the Indian Railways should periodically revise and rationalise the train fares to increase passenger earnings in the wake of losses amounting to Rs 35,000 crore in passenger services.
  61. TRAI favours net zero imports of telecom equipment by 2022; Rs 1,000 cr fund to push manufacturing
  62. In a bid to push local manufacturing of telecom gear, TRAI today recommended that India aim for 'net zero imports' of telecom equipment by 2022, and mooted creation of a Rs 1,000-crore fund to promote design, testing and production in this space.
  63. Dy Commander US-Indo Pacific Command calls on Lt Gen Krishna
  64. Lt Gen Bryan P Fenton, Deputy Commander, US-Indo Pacific Command, today called on Lieutenant General Abhay Krishna, GOC-in C Eastern Command here today, as part of his three-day visit to India.
  65. Sebi discontinues sub-broker category
  66. Sebi today said it has done away with the category of sub-brokers as market intermediaries, which require registration with the regulator.
  67. Man kills 29-year-old for extorting money, arrested
  68. A 20-year-old man was arrested for allegedly killing a person who the accused claimed was extorting money from him, a Crime Branch official said today.
  69. Police examining charge by women students against TRS MP's son
  70. Police are looking into allegations of misbehaviour against ruling TRS MP D Srinivas' son Sanjay by some women students of a nursing institute in the district headquarters town of Nizamabad, for which he is the Correspondent.
  71. Flood waters recede from three Assam districts
  72. The flood situation improved in Assam today as deluge waters receded from Udalguri, Barpeta and Biswanath districts, the Assam State Disaster Management Authority (ASDMA) said.
  73. Ready to take care of my mother, Ajay Singh tells court
  74. Leader of Opposition in the Madhya Pradesh Assembly Ajay Singh, who was accused by his estranged mother of throwing her out of the family bungalow, has told a court here that she can live with him and he is ready to take care of her.
  75. Small height evolved twice on 'Hobbit' island of Flores
  76. Small height evolved twice in humans on the Indonesian island of Flores, according to a study.
  77. Pak's first Sikh cop sacked for being absent from work
  78. Pakistan's first Sikh police officer has been sacked from service for being absent from office for over three months, a traffic police spokesperson said today.
  79. US employers add 157,000 jobs, jobless rate hits 3.9 pct.
  80. US employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year.
  81. Ryanair proposes mediator for Irish pilots union talks
  82. U.S. job growth slows in July, unemployment rate drops
  83. Ind vs Eng 1st Test Day 3: Ishant removes Buttler after Lunch, India on top
  84. Forbes Asia Investment Briefing: UBS Scales Back On Risk As Trade Talks Falter
  85. The Dual Sim iPhone Is What Many In Asia And Europe Have Been Hoping For
  86. A tarnished victory for Emmerson Mnangagwa in Zimbabwe
  87. Western civilisation is an idea worth defendingâ€"and reapplying
  88. The many lives of Madrid’s Plaza Mayor
  89. Entryist dads: the Lib Dems plot internal revolution
  90. The rise and the rainfall of the Roman empire
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  96. Modern Slavery Statement
  97. Is there a limit to what can be made funny?
  98. The literature of liberalism
  99. How domestic violence affects the economy
  100. “Iceman” tells a primal story without words
  101. What is “shadowbanning”?
  102. Is it time to automate politicians?
  103. Paul Manafort goes on trial
  104. Taxes on tobacco
  105. The venomous ideology of religious intolerance
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  108. Britain’s third party
  109. ON THE morning of July 30th packed flights left from Johannesburg, in South Africa, to Harare, the capital of Zimbabwe. Scores of Zimbabweans were returning to vote in the country’s first election since 1980 without Robert Mugabe on the ballot.
  110. In recent decades, the idea of “Western civilisation” has found few fans on American campuses. In a haze of ethnic studies programmes and Stanford's chants of \"Hey, hey, ho, ho, ‘Western Civ’ has got to go!\", many people have lost sight of the principles that make “the West” exceptional.
  111. SO MUCH for a fresh start. The elections in Zimbabwe on July 30th were meant to usher in a new era for a country ruined by nearly four decades of misrule by Robert Mugabe. But the vote and its aftermath have showcased an all-too-familiar mix of chicanery and violence on the part of Zanu-PF, the ruling party, and its military backers.
  112. AT FIRST glance, the Plaza Mayor might seem like one of Madrid’s tourist traps. English abounds, and advertisements for overpriced sangria and paella hang outside of the many cafes lining the square. Buskers dressed as sailors try to tempt visitors into taking silly photos or buying knick-knacks.
  113. ONE is 46 years old, the other is a pensioner. One can dance Bhangra, the other is a ballroom guy. One is prime minister of Canada, the other is leader of Britain’s Liberal Democrats, who have just 12 MPs.
  114. Will the West overlook the ruling party’s political gamesmanship?
  115. We need liberal values of freedom and markets more than ever, says Joe Lonsdale, an entrepreneur and investor
  116. Army brutality and allegations of vote-rigging dash hopes of a new start
  117. To understand the Spanish capital, look no farther than its main square
  118. The Liberal Democrats could make a vehicle for despairing centrists
  119. Goods & Services Tax collections
  120. Revenue from the Goods and Services Tax (GST) touched Rs. 7.19 lakh crore between August, 2017 and March, 2018
  121. Government permits e-commerce shipment via Foreign Post Offices
  122. Reform in Banks: Government working on a four-pronged strategy to improve the health of the Banking Sector
  123. Vidyalakshmi Portal for Education Loan
  124. Rs. 2,919.55 Crores under the Nirbhaya Fund for eight major cities to make them safer for women: DR. VIRENDRA KUMAR
  125. The Vice President, Shri M. Venkaiah Naidu with the newly elected Members of Legislative Assembly of the Meghalaya, in New Delhi on August 03, 2018.
  126. The Vice President, Shri M. Venkaiah Naidu interacting with the newly elected Members of Legislative Assembly of the Meghalaya, in New Delhi on August 03, 2018.
  127. The Comptroller and Auditor General (CAG) in its report has faulted the Goa government's industrial corporation for dishing out gold coins as mementos to its employees in commemoration of the golden jubilee of the institution, causing a loss to the state exchequer to the tune of Rs. 19.84 lakh.
  128. (16 minutes ago)
  129. The Comptroller and Auditor General (CAG) in its report has faulted the Goa governments industrial corporation for dishing out gold coins as mementos to its employees in commemoration of the golden jubilee of the institution, causing a loss to the state exchequer to the tune of Rs. 19.84 lakh.
  130. (28 minutes ago)
  131. IANS Photo Service
  132. Honor Play Brings More Flagship Features
  133. Four mowed down by truck in MP
  134. BJP will unleash communal issues: RLD
  135. A National Democratic Front of Bodoland (NDFB) militant was gunned down on Friday by security forces in Meghalaya's East Garo Hills district, police said.
  136. Signifying the growing strategic partnership between two leading armies of the world, Lt. Gen. Bryan P. Fenton, Deputy Commander, US-Indo Pacific Command, called on Lt. Gen. Abhay Krishna, GOC-in-C, Eastern Command, at its headquarters in Fort William here on Friday, an official said.
  137. Anna University Vice Chancellor M.K. Surappa on Friday said that the marks-for-money scam had been reported only from affiliated colleges, not from the varsity campuses.
  138. People aghast to find UIDAI helpline number in their phonebooks (Lead)
  139. Thousands of smartphone users in India woke up puzzled on Friday as a toll-free helpline number of UIDAI was saved in their phonebooks by default.
  140. Golfer Gangjee cards stunning 63 to win Louis Philippe Cup
  141. Sensex zooms 391 pts, Nifty hits new high
  142. GST, IBC truly transformative: RBI Governor Urjit Patel
  143. China threatens new tariffs on $60 billion worth of US goods
  144. Not exclusive to iOS: WhatsApp working on picture-in-picture mode for Android
  145. India is being thrifty in good news for budget gap goal
  146. All for safety: Google Maps location sharing now adds phone's battery life
  147. Facebook cuts off access to API platform leaving Twitter users unable to post tweets and retweet
  148. Goqii Vital review: The coach system pushes you to achieve fitness goals
  149. Loved Nokia's iconic 'Snake' game? Now play it on Facebook's camera AR platform
  150. Microsoft releases test version of new app that mirrors phone content to desktop
  151. Director of 'The Accidental Prime Minister' held for Rs 34-crore GST fraud
  152. Ali Abbas Zafar may not be working with Priyanka Chopra, but he's happy for her
  153. Kind, funny and caring: JRD Tata was a class act, reveals his former secretary
  154. Irrfan Khan says his tryst with cancer has made him look at life like never before
  155. Fiddling with J-K's special status will have catastrophic ramifications: Mehbooba
  156. Why sharia courts should have no place in any civilised country
  157. Parliamentary panel asks Defence ministry to ensure foolproof system to evaluate employees's ACRs
  158. How Google Glass may help autistic children u...
  159. China threatens tariffs on $60 bn worth of US goods
  160. How Google Glass may help autistic children understand emotions
  161. Not hounding media, says govt; refutes Opposition's charge
  162. The feature will allow users to continue the call on a minimised screen while browsing through their conversation.
  163. Nutralyfe
  164. Health News 24/7
  165. Tata gets $1.3 billion India bill to close phone deal
  166. Customer engagement key focus for 45% marketers in 2018: Times Internet-DMAasia report
  167. Berger Paints lines up Rs 280 crore capex by 2021
  168. China, ASEAN navies stage 1st emergency drills amid feud
  169. US June trade deficit posts biggest rise in 1-1/2 years
  170. Pakistan welcomes PM Narendra Modi's phone call to Imran Khan
  171. No 'surveillance state', Centre scraps plan to set up social media hub
  172. Adani won rights to retail CNG to automobiles and piped cooking gas to households in six cities on its own and another five in joint venture with state-owned Indian Oil Corp.
  173. Constellation was formed as a public platform for acquiring Indian healthcare businesses. Constellation raised $144 million in its initial public offering in June 2017 in NASDAQ.
  174. Social media marketing saw a 30% decline over the previous year as only 36% of surveyed marketers cited it as a strategy that worked well for them in 2017, said the report.
  175. The expansion is likely to be complete by 2021.
  176. These will shape, for the better, our economic evolution in the years and decades to come, said Patel.
  177. The Senate passed the report on NDAA-19 by 87 to 10 votes yesterday afternoon. The House of Representatives had passed the conference report last week
  178. Swaraj is on a three-nation tour to Kazakhstan, Kyrgyzstan and Uzbekistan to boost strategic partnership with central Asian nations.
  179. China and the 10-member Association of Southeast Asian Nations worked on search and rescue scenarios following a mock ship collision.
  180. How title insurance can help homebuyersThe risk of a defective title may be mitigated through title insurance 'policy', a first of its kind product.
  181. Pakistan stocks just found a celebrity fanCLSA's Chris Wood said he finds the Pakistan market attractive and will be looking to buy stocks there.
  182. GST, IBC truly transformative: RBI Governor Urjit PatelThese will shape, for the better, our economic evolution in the years and decades to come, said Patel.
  183. US June trade deficit posts biggest rise in 1-1/2 yearsIn June, exports of goods and services fell 0.7 percent to $213.8 billion. Consumer goods exports decreased $1.4 billion, driven by a $0.6 billion drop in shipments of pharmaceutical preparations.
  184. China threatens new tariffs on $60 billion worth of US goodsDonald Trump has threatened to slap tariffs on virtually all of China's exports to the United States in the tit-for-tat trade conflict.
  185. How title insurance can help homebuyersThe Real Estate Regulation and Development Act, 2016 (RERA) came in to force a little more than a year ago. A lot has been said about how in the last one year not much has been achieved by it. However, there is one good thing that has been introduced by RERA-title insurance. The Act mandates the purchase of title insurance for all new and ongoing property developments registered with the regulatory body.HDFC Ergo, a general insurance company, has recently launched 'Title Insurance Policy', a first of its kind product in the private insurance segment in India. Essentially, it provides indemnity to developers and the subsequent owners of the property against losses and risks related to defects in the title arising out of third-party challenges.Now, before we tell you what title insurance covers, here is a look at why there is a need for such a product. Dispute due to title of property A big worry among home-buyers, especially now, is the delay in getting possession of their homes or even worse, the project itself getting stalled. One of the many reasons for a real estate project to get stalled is the claim by some other person on the land being owned by them and not by the builder or developer. A dispute of this nature arises primarily due to the claim on 'ownership', i.e., the 'title' of the property. Title refers to the legal ownership of the property established through the registration of the property documents. Every time, a property is sold and bought, the title. i.e., the ownership changes. And, this may lead to defects in the title itself. "Land records in India are not easily accessible due to lack of digital infrastructure. Moreover, the risk of faulty land records has grown quite high as cost of land across the country has grown exponentially in the last few decades," says Surendra Hiranandani, Chairman & MD, House of Hiranandani.These disputes can generally lead to long drawn court cases involving time and money. Not just for a new construction, such an incident may happen elsewhere too if any individual has bought land or a ready-to-move in property from another individual in a secondary sale transaction.Here is a look at what title insurance covers. What does title insurance cover?Unlike other insurance products, the insurance coverage in title insurance is not restricted to events happening in the future. Simply put, title insurance even covers issues not discovered prior to the commencement date of the policy. Some of the defects in the title may emerge because the title of property may belong to someone other than the insured or the previous deeds of the property being inadequate or because of one of the previous transaction being subject to an act of fraud or forgery by a third party. These incidences may adversely affect insured's rights over the title of the property.Coverage periodEven though the initial cost is borne by the builder, the society may have to pick the tag if required at a later stage. "The premium usually is payable in one single payment for the entire policy period, i.e., ranging from 7 years to 12 years. The policy can be further renewed for a period of 7 or 12 years by the housing society, on expiration of the policy," informs Anurag Rastogi, Member of Executive Management, HDFC ERGO General Insurance.What is in it for home-buyers?Even though title insurance may not be available for home owners of individual land, it will stand to benefit society home-buyers. Once the title insurance policy is bought by a builder by paying the premium amount, it has to be subsequently assigned to the association of allotees of the housing societies, who are the ultimate beneficiaries of the policy. "The current policy is offered to developers with an indemnity limit of over Rs 5 crore, wherein the developments undertaken could be for corporate or residential projects. Having said that, we are evaluating the market for a product which could be offered to individual home owners as well," says Rastogi.In case of any claim by a third-party in the future, the title insurance can be invoked and can indemnify all the home-buyers to the extent of the loss incurred by them. All the defence or legal costs incurred including any out-of-court settlement are covered under the policy. This is in addition to a written affidavit that a builder has to provide to RERA that the legal title to the land on which the development is proposed has legally valid documents with authentication of such title if the land is owned by another person. Will it hike real estate prices?Insurance comes at a cost and there is a possibility that getting a title insurance plan could push up the price of the property. "Hopefully, if there a large number of takers the costs would fall. Right now it (the policy) is prohibitively expensive and would impacts costs and therefore prices," informs Hiranandani. On the other hand, Rastogi feels, "The premium will be a small fraction of property cost and we think this would not impact the property costs at all." In practice, the actual premium will depend on various factors. If the ownership involves a home loan, even the lending institution may be asked to share the cost as their interest is also involved. What should you do?RERA registered builders don't have an option but to get title insurance now. "While, title insurance has been developed stemming from the requirement of RERA that mandates its purchase, the product can be purchased even for non RERA registered properties which was built many years back," says Rastogi. Nothing stops a society association from getting a title insurance cover if there is an iota of a doubt about the title of the land. After all, with the insurance of the title of the land in place, any negative surprise can be kept at bay.
  186. JLR facing 'Perfect Storm', looking at urgent fixNatrajan Chandrasekaran, the chairman of Tata Motors told shareholders that Jaguar Land Rover is facing a "Perfect Storm" this year due to worries over diesel demand in Europe and Brexit worries in UK and the team is looking to find solutions on "an urgent basis."Speaking at the 73rd Annual General Meeting Chandrasekaran said, "The business lost operating leverage due to a combination of slowing demand and higher investments in capex and people. Hence profitability and cash flows were impacted. The entire team is aware of the issues and appreciates the urgent need to find solutions."Apart from the macro-economic headwinds, the automobile industry is undergoing dramatic change with technology disruptions in the form of Autonomous, Connected, Electric and Shared technologies requiring large investments, said the Chairman. The company on its part will be investing Rs 1.2 lakh crore in Jaguar Land Rover for the coming three to five years to be part of this disruptive change. "We are committed to deliver the EBIT margin of 4-7% between FY19-21 and will work closely with the JLR team to help them achieve the same," assured Chandrasekaran to shareholders despite the challenges. However despite the global headwinds the standalone entity has turned around. Chandrasekaran expressed satisfaction over a sharp turnaround in the domestic business. He reminded them as to how when he met shareholders for 72nd annual general meeting, the commercial vehicle business was losing market share, passenger vehicle was bleeding and stock was under performing, but things are much better on standalone front. The commercial vehicles segment has bounced back post the BS4 migration challenge to post robust share and profitability gains. All segments (with the exception of buses) showed strong growth in fiscal 2018. The volumes grew by 23.3% over fiscal 2017. The company ended the year with 45.1% market share compared to 44.4% share in the previous year. The passenger vehicle business has launched strong products with the latest being an SUV Nexon which has helped in gaining market share and reducing its losses. The volumes grew by 19% over fiscal 2017. The company ended the fiscal 2018 with 5.7% market share compared to 5.1% share in the previous year. He informed shareholders that the business has overall turned cash positive after 5 years. The company on a standalone basis had free cash flows (after considering capex) of Rs 1,330 crores, first time in the last 5 years. The standalone revenues increased to Rs 58,457 crores in fiscal 2018 compared to Rs 44,431 crores in fiscal 2017, demonstrating a strong growth of 31.6%.The business turned profitable on an underlying basis and delivered an EBIT of Rs 535 crores compared to a EBIT loss of Rs 1,385 crores in the previous year. The loss after tax for fiscal 2018 was at Rs 1,035 crores, significantly lower than Rs 2,430 crores in the previous year.In FY-18, Tata Motors consolidated revenues, net of excise, stood at Rs 2,94,243 crores, 9.0% higher as compared to the previous year, mainly due to the growth in the India business and higher wholesale volumes in JLR. The consolidated profit after tax (before minority interest) was higher at Rs 9,091 crores, a growth of 20.3% compared to Rs 7,557 crore in the previous year.The consolidated debt was higher by Rs 10,346 crore at Rs 88,950 crore, mainly due to higher capital expenditure and lower cash flow from operations on a consolidated basis.
  187. Adani emerges biggest winner of city gas licencesNEW DELHI: Billionaire Gautam Adani's group today emerged as the biggest winner of gas retailing licences, winning rights to selling CNG in 11 cities including Allahabad.Adani won rights to retail CNG to automobiles and piped cooking gas to households in six cities on its own and another five in joint venture with state-owned Indian Oil Corp (IOC), according to results of 48 out of the 86 cities that were bid out in the country's biggest city gas distribution (CGD) bid round.According to the Petroleum and Natural Gas Regulatory Board, IOC on its own won rights to four cities.Bharat Gas Resources Ltd, a unit of state-owned Bharat Petroleum Corp Ltd (BPCL), won a licence for six cities, the same number for which Torrent Gas Pvt Ltd too made winning bids.State gas utility GAIL's retailing arm, GAIL Gas managed rights for three cities.When the bid round closed last month, IOC, BPCL and Adani Gas Ltd were the top bidders.Of the 86 cities offered for retailing of CNG to automobiles and piped cooking gas to households in the 9th CGD bid round, IOC bid for 34 cities on its own and another 20 in partnership with Adani Gas Ltd. Adani Gas on its own bid for 32 cities.Bharat Gas Resources Ltd bid for as many as 53 cities while GAIL Gas Ltd put in offers for 34 cities.Gujarat-based Torrent Gas Pvt Ltd bid for 31 cities while Gujarat Gas Ltd put in offers for 21 areas.Petronet LNG Ltd, India's largest liquefied natural gas (LNG) importer, sought to foray into CGD business by bidding for the licence in seven cities. Indraprastha Gas Ltd, which retails CNG in the national capital region, put in bids for 11 cities.According to PNGRB, Adani Gas won rights to Surendranagar, Barwala, Navsari, Kheda and Porbandar districts in Gujarat as well as Balasore in Odisha. Its joint venture with IOC, Indian Oil-Adani Gas Pvt Ltd won Kannur in Kerala, Gaya in Bihar, Bulandshahr, and Allahabad in Uttar Pradesh.IOC won Aurangabad in Bihar, Rewa in Madhya Pradesh and Jagtial in Telangana.In a statement, PNGRB said the 9th CGD Bidding Round was launched on April 12 for development of city gas networks for the 86 Geographical Areas (GAs) which includes 174 districts (156 complete and 18 part), spread over 22 States and Union Territories (UTs) in India."Based upon the bids evaluations PNGRB in its 79th Board meeting held on August 3, approved issue of Letters of Intent (LoI) to the 18 successful bidders for 48 GAs," it said.The regulator said bids for remaining GAs are being evaluated and outcome of the same will be announced shortly.
  188. JLR is facing 'Perfect Storm', Co. looking at solution on urgent basisNatrajan Chandrasekaran, the chairman of Tata Motors told shareholders that Jaguar Land Rover is facing a "Perfect Storm" this year due to worries over diesel demand in Europe and Brexit worries in UK and the team is looking to find solutions on "an urgent basis."Speaking at the 73rd Annual General Meeting Chandrasekaran said, "The business lost operating leverage due to a combination of slowing demand and higher investments in capex and people. Hence profitability and cash flows were impacted. The entire team is aware of the issues and appreciates the urgent need to find solutions."Apart from the macro-economic headwinds, the automobile industry is undergoing dramatic change with technology disruptions in the form of Autonomous, Connected, Electric and Shared technologies requiring large investments, said the Chairman. The company on its part will be investing Rs 1.2 lakh crore in Jaguar Land Rover for the coming three to five years to be part of this disruptive change. "We are committed to deliver the EBIT margin of 4-7% between FY19-21 and will work closely with the JLR team to help them achieve the same," assured Chandrasekaran to shareholders despite the challenges. However despite the global headwinds the standalone entity has turned around. Chandrasekaran expressed satisfaction over a sharp turnaround in the domestic business. He reminded them as to how when he met shareholders for 72nd annual general meeting, the commercial vehicle business was losing market share, passenger vehicle was bleeding and stock was under performing, but things are much better on standalone front. The commercial vehicles segment has bounced back post the BS4 migration challenge to post robust share and profitability gains. All segments (with the exception of buses) showed strong growth in fiscal 2018. The volumes grew by 23.3% over fiscal 2017. The company ended the year with 45.1% market share compared to 44.4% share in the previous year. The passenger vehicle business has launched strong products with the latest being an SUV Nexon which has helped in gaining market share and reducing its losses. The volumes grew by 19% over fiscal 2017. The company ended the fiscal 2018 with 5.7% market share compared to 5.1% share in the previous year. He informed shareholders that the business has overall turned cash positive after 5 years. The company on a standalone basis had free cash flows (after considering capex) of Rs 1,330 crores, first time in the last 5 years. The standalone revenues increased to Rs 58,457 crores in fiscal 2018 compared to Rs 44,431 crores in fiscal 2017, demonstrating a strong growth of 31.6%.The business turned profitable on an underlying basis and delivered an EBIT of Rs 535 crores compared to a EBIT loss of Rs 1,385 crores in the previous year. The loss after tax for fiscal 2018 was at Rs 1,035 crores, significantly lower than Rs 2,430 crores in the previous year.In FY-18, Tata Motors consolidated revenues, net of excise, stood at Rs 2,94,243 crores, 9.0% higher as compared to the previous year, mainly due to the growth in the India business and higher wholesale volumes in JLR. The consolidated profit after tax (before minority interest) was higher at Rs 9,091 crores, a growth of 20.3% compared to Rs 7,557 crore in the previous year.The consolidated debt was higher by Rs 10,346 crore at Rs 88,950 crore, mainly due to higher capital expenditure and lower cash flow from operations on a consolidated basis.
  189. India vs England 1st Test LIVE: Ishant Sharma provides breakthrough straight after lunch
  190. India vs England 1st Test Live Cricket Score Streaming Online, Ind vs Eng Live Cricket Score Streaming: Catch Live score and updates of India vs England 1st Test Day 3.
  191. PNB fraud case: Did not clear Mehul Choksi's Antigua citizenship request, clarifies SEBI
  192. India not a dharamshala: Raman Singh on Assam NRC list
  193. Mulk movie review: The Rishi Kapoor starrer is an important film
  194. Kerala actress assault case: Survivor objects to impleading of two AMMA members
  195. Queer and Islam: There's no conflict, a Delhi project set to tell you
  196. SpaceX Dragon cargo spacecraft to come back to Earth from International Space Station
  197. Goa govt warns locals, tourists of toxic ‘blue bottles’ near beaches
  198. Kerala actress assault case: Survivor objects to impleading of two AMMA members
  199. Sensex surges 391 points, Nifty hits new high
  200. Vinod Rai has been complete failure in implementing Lodha reforms, says Amitabh Choudhary
  201. Samsung Galaxy Note 9 official video leaked ahead of August 9 launch
  202. The Twenty-five Kilometre Story: Unleashing your child’s creativity
  203. ‘Completely dissatisfied’ with Home Minister’s statement, Trinamool Congress to intensify protests against NRC
  204. Samsung Galaxy Note 9 official video leaked ahead of August 9 launch
  205. Samsung Galaxy Note 9 official video gives out most of the crucial information about the upcoming flagship
  206. India not a dharamshala: Raman Singh on Assam NRC list
  207. Insisting that either these people prove their identity or face deportation, Singh said: "It's a result of an eight-year-long protest by Assamese youth. Either the…
  208. UPSC Civil Services exam: Upper age limit fixed at 32, says government
  209. पहले भी अपनी कॉमेडी से शो में जान फूंक देते थे सुनील ग्रोवर, देखिए उनके पहले शो का वायरल वीडियो
  210. मराठा आरक्षणासाठी अजून एक आत्महत्या, पुण्यात तरुणाची रेल्वेसमोर उडी
  211. ‘சாணி ராணி à®'ழிக’ … பிக் பாஸ் 2 ஐஸ்வர்யாவுக்கு எதிராக நெட்டிசன்கள் கூச்சல்
  212. Best smartphones under Rs 20,000 you can buy in August 2018: From Honor 9N to Moto G6
  213. Best smartphones under Rs 20,000 you can buy in August 2018: From Honor 9N to Moto G6
  214. Huawei sees smartphone shipments rebounding in 2018 to over 200 million
  215. UIDAI Aadhaar helpline number added to people’s contacts, body blames ‘vested interest’
  216. UIDAI Aadhaar card helpline number added to people's contacts, body blames 'vested interest'
  217. RSMSSB LDC, clerk exam 2018: No shoes, full arm shirts allowed; check dress code
  218. Light Rain
  219. People walk past the London headquarters of the Royal Bank of Scotland
  220. US jobs growth slows more than expected
  221. Amazon tax bill falls despite profits leap
  222. Apple's market value hits $1 trillion
  223. आपके फ़ोन में कौन पुश कर रहा है UIDAI नंबर
  224. The bank sees first-half profits fall, but announces an interim dividend of 2p a share.
  225. RBS to pay first dividend in 10 years
  226. Youth injured in security force firing in Kupwara
  227. Will work out strategic alliances to beat BJP but shun AAP, Sena : Congress
  228. Spanish pilots union sues Ryanair over contracts
  229. Debate on Parliament (Enhancement of productivity) Bill commences in Rajya Sabha
  230. Chandigarh startup to launch women driver cab for women commuter
  231. BJP MP slams Congress on Mehul Choksi episode
  232. IkkJutt Jammu calls for abrogation of Article 35-A
  233. A team of judges to inspect infrastructure for Jalpaiguri circuit bench
  234. SAD announces 16 district presidents of party’s farmer wing
  235. MARKET-GUJ-BULLION
  236. NEW DELHI, AUG 3
  237. Kawasaki motorcycle launched Ninja 300,in New Delhi on Friday. UNI PHOTO-117U
  238. Vogue Wedding Show-2018 organised its sixth edition of India’s luxury bridal exhibition,in New Delhi on Friday. UNI PHOTO-116U
  239. Vogue Wedding Show-2018 organised its sixth edition of India’s luxury bridal exhibition,in New Delhi on Friday. UNI PHOTO-115U
  240. Vogue Wedding Show-2018 organised its sixth edition of India’s luxury bridal exhibition,in New Delhi on Friday. UNI PHOTO-114U
  241. Vogue Wedding Show-2018 organised its sixth edition of India’s luxury bridal exhibition,in New Delhi on Friday. UNI PHOTO-113U

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